NOT LISTED FOR SALE

3301 Asbury Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $550,301 - $909,000

3 Beds
1 Bath
-- Sq Ft
4,008 Sq Ft Lot

Last Sold January 27, 2021

Last sale price $349,000

Est. 90% increase in value since last sale

Current estimated payment $3,763/month

Highlights

  • Wood Flooring
  • Kitchen Island
  • Baseboard Heating
  • Ocean City Primary School Rated A
  • Central Air
  • 2-minute walk to Sand Castle Park

About This Home

As of January 2021

Here is your chance to own in Ocean City! 5 Houses to the beach! 3 Bedroom, 1 Bath, 2nd floor condo. This unit features central air, hardwood floors in open living area. Newer roof and exterior staircase. A must see.

Last Agent to Sell the Property

RENEE RAMOS

FOX REAL ESTATE-Asbury Listed on: 09/21/2020

Last Buyer's Agent

Jeff Quintin

eXp Realty - Ocean City S382K

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 1940

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Blinds
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,917

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds
  • Lvt Date: 09/21/2020
  • Year Built: 1940
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Electric Stove, Microwave, Refrigerator
  • Bedrooms: 3
  • Full Bathrooms: 1

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Central
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Kitchen Center Island, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Jan 27, 2021
Sold by
Wilson Jane D
Bought by
Tran Duy M and Le Hannah
Seller's Agent
RENEE RAMOS
FOX REAL ESTATE-Asbury
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$425,000
Sold Price
$349,000
Premium/Discount to List
-$76,000
-17.88%
Current Estimated Value
$664,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,075
Avg. Annual Appreciation
14.64%
Original Mortgage
$279,200
Outstanding Balance
$249,280
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$414,795

Purchase Details

Closed on
Feb 10, 2009
Sold by
Wilson Phillip and Wilson Jane
Bought by
Wilson Jane D
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tran Duy M $349,000 Freedom Title
Wilson Jane D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Duy M $279,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2021 01/27/21 Sold $349,000 0.0% --
12/03/2020 12/03/20 Pending -- -- --
11/21/2020 11/21/20 Price Changed $349,000 -12.7% --
10/17/2020 10/17/20 Price Changed $399,900 -5.9% --
09/21/2020 09/21/20 For Sale $425,000 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,917 $260,000 $145,000 $115,000
2024 $2,917 $260,000 $145,000 $115,000
2023 $2,785 $260,000 $145,000 $115,000
2022 $2,675 $260,000 $145,000 $115,000
2021 $1,519 $203,600 $145,000 $58,600
2020 $1,991 $203,600 $145,000 $58,600
2019 $1,969 $203,600 $145,000 $58,600
2018 $1,950 $203,600 $145,000 $58,600
2017 $1,920 $203,600 $145,000 $58,600
2016 $1,847 $203,600 $145,000 $58,600
2015 $1,822 $203,600 $145,000 $58,600
2014 $1,796 $203,600 $145,000 $58,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    RENEE RAMOS

    FOX REAL ESTATE-Asbury

    7 in this area

    9 Total Sales

    RENEE RAMOS
    Section Image
  • Jeff Quintin

    Buyer's Agent in 2021

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    157 in this area

    503 Total Sales

    Jeff Quintin
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 542445

South Jersey Shore Regional MLS

APN: 08-03302-0000-00012-0000-C2

New Jersey Cape May County Ocean City 08226

3301 Asbury Ave Unit 2, Ocean City, NJ

This home is located at 3301 Asbury Ave Unit 2, Ocean City, NJ 08226 since 21 September 2020 and is currently estimated at $664,075. This property was built in 1940. 3301 Asbury Ave Unit 2 is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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